Industry · Form 5500 business code 238100
Foundation, Structure, & Building Exterior Contractors (including framing carpentry, masonry, glass, roofing, & siding): retirement plans
Plans whose sponsor entered this principal business activity code on Form 5500.
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. The business code is chosen by the filer from the list in the Form 5500 instructions.
369 retirement plans in foundation, structure, & building exterior contractors (including framing carpentry, masonry, glass, roofing, & siding) with 100 or more participants filed Form 5500 for plan year 2024 (273 defined contribution, 96 defined benefit). All Form 5500 pension filers in the group reported 1,000,743 participant records and $59.4B in net assets.
The median defined contribution plan held $40,457 per participant, well below the national median of $53,031, and its employer put in $2,521 per active participant (national: $2,174). Among plans reporting Schedule C compensation the median was $157 per participant against $123 nationally.
Employers contributed $3.41B and participants $287M during the year, and the plans paid out $4.17B in benefits.
In 2009 the same group numbered 336 plans with $19.6B; by 2024 it was 369 plans (up 10%) and $59.4B (up 202%). From plan year 2023 the 100-participant line counts participants with account balances, which moved many plans to the short form.
Medians compared with all US plans
| Median plan, plan year 2024 | Industry: DC | US: DC | Industry: DB | US: DB |
|---|---|---|---|---|
| Net assets per participant | $40,457 | $53,031 | $87,944 | $86,234 |
| Employer contributions per active participant | $2,521 | $2,174 | $11,670 | $10,244 |
| Schedule C compensation per participant | $157 | $123 | $492 | $344 |
| Schedule C compensation, share of net assets | 0.43% | 0.26% | 0.54% | 0.42% |
| Administrative expenses per participant | $179 | $116 | $684 | $527 |
Medians across plans with 100 or more participants (245 DC and 94 DB plans with a Schedule H here). Fee medians cover plans reporting an amount. DC: defined contribution, such as 401(k) and 403(b). DB: defined benefit pension.
Distribution of DC plans
| Measure | 25th percentile | Median | 75th percentile | Plans |
|---|---|---|---|---|
| Net assets per participant | $22,348 | $40,457 | $67,550 | 245 |
| Employer contributions per active participant | $1,280 | $2,521 | $6,173 | 243 |
| Schedule C compensation per participant | $84.07 | $157 | $270 | 223 |
| Administrative expenses per participant | $76.34 | $179 | $290 | 242 |
Trend by plan year
| Plan year | Plans 100+ | Participants | Net assets | Employer contributions | Participant contributions | Median DC assets / participant | Median DC Sch. C / participant |
|---|---|---|---|---|---|---|---|
| 2025partial | 45 | 123,850 | $3.29B | $192M | $23.9M | $59,459 | $215 |
| 2024 | 369 | 1,000,743 | $59.4B | $3.41B | $287M | $40,457 | $157 |
| 2023 | 370 | 944,338 | $53.9B | $3.32B | $257M | $35,883 | $141 |
| 2022 | 442 | 926,724 | $47.7B | $2.91B | $255M | $24,904 | $111 |
| 2021 | 419 | 863,894 | $48.4B | $2.64B | $222M | $27,320 | $119 |
| 2020 | 406 | 841,691 | $44.3B | $2.55B | $195M | $25,682 | $103 |
| 2019 | 382 | 807,702 | $38.2B | $2.58B | $173M | $21,616 | $104 |
| 2018 | 334 | 722,901 | $31.2B | $2.23B | $148M | $19,457 | $104 |
| 2017 | 320 | 706,118 | $31.5B | $2.08B | $124M | $22,621 | $86.73 |
| 2016 | 309 | 701,075 | $28.5B | $1.94B | $106M | $20,438 | $75.36 |
| 2015 | 303 | 688,846 | $26.5B | $1.78B | $89.9M | $18,627 | $68.76 |
| 2014 | 297 | 668,572 | $26.3B | $1.56B | $67.5M | $17,438 | $63.92 |
| 2013 | 296 | 668,865 | $25.5B | $1.46B | $59.8M | $18,197 | $59.72 |
| 2012 | 296 | 657,786 | $22.5B | $1.30B | $53.1M | $16,931 | $71.83 |
| 2011 | 297 | 648,146 | $20.2B | $1.24B | $53.6M | $14,805 | $75.41 |
| 2010 | 317 | 687,105 | $21.5B | $1.24B | $56.1M | $15,466 | $69.40 |
| 2009 | 336 | 711,191 | $19.6B | $1.28B | $52.3M | $12,153 | $55.85 |
Plan year is the year in which the plan year began. The drop in large plans from 2023 follows a rule change: the 100-participant line now counts participants with account balances, so many plans moved to the short form.
Provider share
Service provider organisations named most often on the Schedule C of the 375 plans on this page's list, by number of plans. A plan usually names several providers.
Largest plans
The 40 largest by participants of 375 plans with a page on this site.
| Plan | Sponsor | State | Type | Participants | Net assets | Per participant | Employer / active | Sch. C / participant |
|---|---|---|---|---|---|---|---|---|
| Sheet Metal Workers' National Pension Fund | BD of Trustees Sheet Metal Workers' National Pension Fund | VA | DB | 152,375 | $8.26B | $54,238 | $10,087 | $110 |
| Western States Carpenters Pension Plan | Joint Board of Trustees Western States Carpenters Pension Plan | CA | DB | 139,574 | $11.3B | $81,223 | $6,040 | $109 |
| Southwest Carpenters Annuity Fund | Board of Trustees, Southwest Carpenters Annuity Fund | CA | DC | 93,934 | $1.13B | $12,074 | $1,954 | $40.86 |
| Bricklayers & Trowel Trades International Pension Fund | Bricklayers & Trowel Trades Intl Pension FD BD of Trustee | DC | DB | 77,108 | $2.07B | $26,836 | $4,413 | $94.79 |
| Eastern Atlantic States Carpenters Pension Fund | Board of Trustees Eastern Atlantic States Carpenters Pension Fund | PA | DB | 39,234 | $4.55B | $115,894 | $18,052 | $281 |
| Bricklayers and Trowel Trades Int'l Retirement Savings Plan | Bricklayers and Trowel Trades International Pension Fund | DC | DC | 23,493 | $303M | $12,890 | $874 | $46.38 |
| North Central States Regional Council of Carpenters Pension Fund | Joint Board of Trustees of North Central States Regional Council of | WI | DB | 18,092 | $1.83B | $101,142 | $13,682 | $528 |
| Indiana State Council of Carpenters Pension Fund | Board of Trustees Indiana State Council of Carpenters Pension Fund | MI | DB | 17,170 | $1.35B | $78,607 | $12,903 | $231 |
| Indiana/kentucky/ohio Regional Council of Carpenters Pension Fund | Board of Trustees Indiana/kentucky/ohio Regional Council Carpenters Pe | MI | DB | 13,860 | $1.78B | $128,465 | $15,293 | $192 |
| Smart National Supplemental Savings Plan | BD Ttees Smart National Supplemental Savings Plan | VA | DC | 13,624 | $162M | $11,891 | $796 | $67.55 |
| SRS Distribution Inc. 401(k) Plan | SRS Distribution Inc. | TX | DC | 12,672 | $575M | $45,361 | $3,690 | $65.50 |
| North Central States Regional Council of Carpenters Supplemental Retirement Plan | Joint Board of Trustees of North Central States Regional Council of | WI | DC | 11,776 | $378M | $32,088 | $3,470 | $50.96 |
| Northwest Sheet Metal Workers Supp Pension Plan | BD of Trustees, Northwest Sheet Metal Workers Supp Pension Plan | OR | DC | 10,579 | $359M | $33,910 | $667 | $62.88 |
| Michigan Carpenters' Pension Fund | Board of Trustees, Michigan Carpenters' Pension Fund | MI | DB | 10,312 | $771M | $74,739 | $16,152 | $151 |
| National Roofing Industry Supplemental Pension Plan | Trustees of National Roofing Industry Supplemental Pension Plan | MN | DC | 9,884 | $296M | $29,991 | $3,141 | $70.71 |
| Southern Nevada and California Glaziers, Fabricators, Painters and Floorcoverers Pension Trust Fund | Southern NV & Ca Glaziers Fabricators Painters & Floorcoverers Pensio | NV | DC | 8,658 | $109M | $12,625 | $3,698 | $69.57 |
| Hawaii Carpenters 401(k) FD | Hawaii Carpenters 401(k) Fund | HI | DC | 7,421 | $258M | $34,752 | $1,897 | $89.19 |
| Hawaii Carpenters Financial Security Fund | Hawaii Carpenters Financial Security Fund | HI | DC | 7,254 | $661M | $91,092 | $13,266 | $286 |
| Northwest Ironworkers Retirement Plan | Northwest Ironworkers Retirement Plan Board of Trustees | WA | DB | 7,196 | $851M | $118,277 | $14,469 | $500 |
| Cement Masons Southern California Pension Trust | Board of Trustees, Cement Masons Southern California | CA | DB | 6,736 | $279M | $41,409 | $11,306 | $210 |
| Cement Masons Southern California Individual Retirement Account Defined Contribution Trust | Board of Trustees, Cement Masons Southern California | CA | DC | 6,385 | $223M | $35,002 | $2,105 | $117 |
| Northwest Ohio Carpenters, Millwrights and Pile Drivers Supplemental Pension Plan | Board of Trustees NW Ohio Carp MW PD Supplemental | OH | DC | 6,255 | $354M | $56,523 | $6,672 | $83.19 |
| Pride Industries 401(k) Retirement Plan | Pride Industries | CA | DC | 5,784 | $160M | $27,611 | $3,035 | $45.83 |
| Tri-State Carpenters and Joiners Pension Trust Fund | Board of Trustees - Tri-State Carpenters and Joiners Pension | TN | DB | 5,492 | $451M | $82,151 | $14,016 | $647 |
| Sheet Metal Workers' Local 73 Pension Fund | Board of Trustees of the Sheet Metal Workers 73 Pension Fund | IL | DB | 5,310 | $784M | $147,716 | $14,318 | $419 |
| Administrative District Council 1 Pension Fund | Board of Trustees of Administrative District Council 1 Pension Fund | IL | DB | 5,273 | $543M | $103,035 | $20,542 | $179 |
| SW Oh Regional Council of Carpenters Pension Plan | SW Oh Regional Council of Carpenters | MI | DB | 5,233 | $414M | $79,051 | $11,525 | $140 |
| Bricklayers and Stone Masons of Illinois DC NO.1, B.A.C. Annuity Fund | Trustees of Bricklayers and Stone Masons Il DC No. 1 B.A.C. Annuity Fu | IL | DC | 5,019 | $288M | $57,390 | $2,677 | $125 |
| Iron Workers Pension Plan | Iron Workers District Council Phila Vicinity Retirement and Pension | NJ | DB | 4,756 | $439M | $92,345 | $19,531 | $506 |
| Oklahoma Iron Workers Direct Contribution Plan and Trust | Trustees - Oklahoma Iron Workers Direct Contribution Plan and Trust | TX | DC | 4,489 | $44.3M | $9,867 | $759 | $49.52 |
| Ironworkers Local 11 Annuity Fund | Ironworkers Local 11 Annuity Fund Board of Trustees | NJ | DC | 4,481 | $373M | $83,260 | $17,040 | $402 |
| Operative Plasterers and Cement Masons Profit Sharing Annuity Plan | Operative Plasterers and Cement Masons - Trustees | OH | DC | 4,220 | $115M | $27,246 | $3,776 | $86.14 |
| Tecta America Corp. Profit Sharing and 401(k) Plan | Tecta America Corp. | IL | DC | 4,215 | $189M | $44,801 | $1,212 | $93.23 |
| Roofers Pension Fund | Board of Trustees of Roofers Pension Fund | IL | DB | 4,154 | $529M | $127,379 | $11,761 | $410 |
| Hawaii Masons and Plasterers Annuity Plan | Board of Trustees of the Hawaii Masons & Plasterers Annuity Trust Fund | HI | DC | 4,137 | $126M | $30,421 | $6,794 | $273 |
| Sheet Metal Workers Local 100 401(k) Plan | Sheet Metal Workers Local 100 401(k) Plan | OR | DC | 3,750 | $161M | $42,979 | $1,045 | $125 |
| Bac Local 3 NY Individual Account Retirement Fund | Board of Trustees Bac Local 3 NY Individual Account Retirement Fund | NY | DC | 3,512 | $98.4M | $28,009 | $1,210 | $130 |
| Minnesota & North Dakota Bricklayers and Allied Craftworkers Pension Fund | Trustees of Minnesota & North Dakota Bricklayers & Allied Craftworkers | MN | DB | 3,492 | $481M | $137,687 | $14,632 | $478 |
| Twin City Ironworkers Pension Plan | Board of Trustees of the Twin City Ironworkers Pension Fund | MN | DB | 3,447 | $454M | $131,595 | $15,171 | $638 |
| Pension Plan of the Oregon Sheet Metal Workers Master Retirement Trust | Bot - Oregon Sheet Metal Workers Master Retirement Trust | OR | DB | 3,426 | $527M | $153,745 | $18,958 | $324 |
By plan size
By state
Questions and answers
How many retirement plans are there in foundation, structure, & building exterior contractors (including framing carpentry, masonry, glass, roofing, & siding)?
369 plans with 100 or more participants filed Form 5500 for plan year 2024, out of 660 pension plans on the full form. Smaller plans file Form 5500-SF and are counted separately where shown.
What is the typical 401(k) balance in foundation, structure, & building exterior contractors (including framing carpentry, masonry, glass, roofing, & siding)?
The median defined contribution plan reported $40,457 in net assets per participant (middle half of plans: $22,348 to $67,550); nationally it was $53,031. This is a plan-level average that includes former employees, not a typical person's balance.
What do employers contribute in foundation, structure, & building exterior contractors (including framing carpentry, masonry, glass, roofing, & siding)?
The median defined contribution plan received $2,521 in employer contributions per active participant, against $2,174 nationally. Plans with no employer contribution are included at zero.
What are average 401(k) fees in foundation, structure, & building exterior contractors (including framing carpentry, masonry, glass, roofing, & siding)?
Among defined contribution plans that report any Schedule C compensation, the median was $157 per participant and 0.43% of net assets (nationally $123 and 0.26%). Schedule C leaves out fund expense ratios and fees the employer pays, so it understates total cost.
Where does this come from?
Form 5500 annual reports in the EBSA research files, with filings received through 24 Aug 2026. Medians are computed by this site across plans with 100 or more participants.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Totals count every pension plan on the full form; medians and the plan list cover plans with 100 or more participants. See the methodology.